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Regional Resource-Based Manufacturing and Employment in India

Regional Resource-Based Manufacturing and Employment in India

Introduction Employment generation remains a central concern for India’s economic growth. Despite rapid GDP growth, India faces challenges of unemployment, underemployment, and regional economic disparities. According to the Periodic Labour Force Survey (PLFS) 2021–22, the unemployment rate in India was around 7–8%, with rural areas facing disguised unemployment in agriculture and urban areas struggling with…

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PLI Scheme and India’s Manufacturing Leap: Boosting Exports and Domestic Industry

Introduction India’s economic ambition to become a global manufacturing hub received a major policy push with the introduction of the Production Linked Incentive (PLI) Scheme. Launched in 2020, the PLI scheme marks a structural shift in India’s industrial policy—moving away from input subsidies and tariff protection toward performance-based incentives linked directly to output. The scheme…

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